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20131202
20131210
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CNBC
Dec 9, 2013 1:00pm EST
contributor. hugh johnson, chairman and cio of hugh johnson advisors. ryder is helping us look at some of this year's dogs. there he is. first up is newmonth mining. i hope we're paying this dog, paying him in treats. shares of the gold producer falling about 49% this year. abgy gale, how do you feel near term and longer term about this. >> new million month mining i'm -- newmonth i'm neutral. i think they will put in a big turnaround next year. this stock might have further work toward the downside. for next year i think we're looking at a good turnaround. they put up positive free cash flow. they're cutting costs, they're building out in the right way. they're becoming a lean mean fighting machine so if gold stays low they'll survive. if gold goes up it will go to the bottom line. neutral but probably positive next year. >> how do you feel about it, hugh? >> i would be remice if i didn't say hello to my old friend and employee abigail. >> great to see you. thrilled i was heard i would be with you. >> the story about newmonth a simple story, the price of gold coming down 27%. the pric
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